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REUTERS/Sergio Perez Acquire Licensing RightsLONDON, Nov 7 (Reuters) - European Union (EU) energy ministers last month struck a deal to reform the bloc's power market. German power market forwards for 2024 and 2025LIGHT-TOUCH REFORMEuropean power prices have fallen a long way from their 2022 peaks, when the region was still reeling from the reduction in Russian gas supplies. EU member states were deeply split on proposals for more fundamental reform of Europe's power market to allow for a complete break of the gas-power price linkage. The hard-won compromise keeps the existing market mechanism, which its supporters claim is more efficient than other models in a liberalised electricity market. The bloc's power prices have historically been twice those of the U.S., but are now three or four times higher.

Persons: Sergio Perez, Teresa Ribera, Bernard Respaut, Mats Gustavsson, Boliden, Gustavsson, Respaut, Jan Harvey Organizations: REUTERS, Union, Spain's Energy, Producers, European Copper Institute, EU, Alcoa, PPA, European Commission, Metals, Reuters, Thomson Locations: Alcobendas, Madrid, Spain, Ukraine, San, EU, U.S, Ireland, Europe

☆ Fitness gym collapse kills 3 in China's Heilongjiang province
▼ + stars: | 2023-11-07 | by ( Bernard Orr | Thomson Reuters | Bernard Orr Is A Veteran Journalist With Over Years Of Experience. He Reports On Breaking News Mainland China | ) www.reuters.com time to read: +2 min

BEIJING, Nov 7 (Reuters) - Three people were killed and one injured after a structural collapse at a fitness club in northeast China's Heilongjiang province, local officials said on Tuesday. According to a local resident, the collapsed gymnasium is a basketball arena where youth basketball training is held, Global Times reported late Monday. The venue where the accident occurred belongs to the New Sunshine Fitness Club in Huanan County, according to the county government. 34 Middle School gymnasium collapsed in July," said a netizen on China's Weibo social media platform. Another gymnasium collapse occurred in three months."

Persons: Bernard Orr, Ella Cao, Gerry Doyle Organizations: Government, Global Times, Sunshine Fitness, New Sunshine, Authorities, Weibo, Thomson Locations: BEIJING, China's Heilongjiang, Jiamusi city, Huanan County, Shanghai, New, Heilongjiang, China's Qiqihar

☆ Birkenstock gets Wall Street's top rating on capacity boost, expansion
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Nov 6 (Reuters) - Wall Street brokerages largely initiated Birkenstock (BIRK.N) with their top ratings, pointing to a likely boost from the German luxury sandal maker's recent investments to increase capacity, expansion into newer styles and brand loyalty. Birkenstock's shares dropped to as low as $35.83 in the days after listing on Oct. 11 and has traded below the IPO price of $46 apiece. Citigroup was among the most bullish, with a price target of $52, a more than 26% jump from the last close. Telsey Advisory Group analysts said Birkenstock has further avenue to expand into footwear categories such as orthopedics and professional, outdoor and active, kids, home, and sneakers. Morgan Stanley assigned a price target of $41 and an "equal-weight" rating, saying most catalysts were already priced in.

Persons: Birkenstock's, Morgan, Goldman Sachs, Jefferies, Birkenstock, Bernard Arnault, Lorraine Hutchinson, Morgan Stanley, Hogan, Riley, Reshma Rockie George, Susan Mathew, Savyata Mishra, Amruta Khandekar, Maju Samuel, Sriraj Organizations: Arm Holdings, Citigroup, Telsey Advisory, U.S ., Global, Thomson Locations: U.S, French, Bengaluru

☆ How Do You Use Checks? And Do They Work Well for You?
▼ + stars: | 2023-11-06 | by ( Ron Lieber | Tara Siegel Bernard | ) www.nytimes.com time to read: 1 min

How Do You Use Checks? And Do They Work Well for You? Banks are worried about check fraud and are trying to discourage the use of paper checks. Share full articleWith check fraud on the rise, banks prefer other forms of payment these days. Image Source Pink/Getty Images

Persons: Banks

☆ China urges Myanmar to cooperate on maintaining stability on border
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Nov 6 (Reuters) - Myanmar should cooperate with China to maintain stability on their common border, a Chinese official said on Monday, after a surge of fighting in Myanmar between junta forces and insurgents rocked the region. "Myanmar is called on to cooperate with China to maintain stability along the China-Myanmar border, earnestly ensure the safety of the lives and property of Chinese border residents, and take effective measures to strengthen the security of Chinese personnel," Nong said. Nong, who visited Myanmar on Nov. 3-5, said China hoped Myanmar would restore stability, and it supported all parties to properly handle differences and achieve reconciliation through dialogue as soon as possible. While Western governments have condemned the Myanmar military and imposed sanctions on it, China, along with Russia, have been supportive of the generals. China says it supports Myanmar in finding its own path and has urged the international community to respect its sovereignty.

Persons: Nong, Nobel, Aung, Wang Wenbin, Ella Cao, Bernard Orr, Tom Hogue, Robert Birsel Organizations: Asia Times, Thomson Locations: BEIJING, Myanmar, China, Thailand, Suu Kyi, Russia

☆ Fitness Club Collapse Kills 3 in China's Heilongjiang Province
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - Three people were killed and one injured after a structural collapse at a fitness club in northeast China's Heilongjiang province, county government officials said on Tuesday. Officials said seven people were in the Yuecheng fitness gymnasium in Huanan county, in the eastern part of the province, when it collapsed on Monday. Initial reports said children were at the venue when it collapsed, and rescue operations have ended. State media said the collapse in Jiamusi city occurred at 7:20 p.m. (1120 GMT). Initial reports said three people were trapped inside.

Persons: Bernard Orr, Gerry Doyle Organizations: New Sunshine Fitness Locations: BEIJING, China's Heilongjiang, Huanan county, Jiamusi, Heilongjiang, Shanghai

BEIJING, Nov 6 (Reuters) - Unseasonably cold weather and blizzards hit northeast China on Monday, forcing hundreds of flights to be rescheduled and closing schools as several cities issued heightened weather alerts and warned people to stay indoors. China's weather authority warned of a drastic drop in temperature in coming days, along with blizzards, anticipated to substantially affect several cities, state media reported. Provinces and cities upgraded weather response protocols as heavy snowfall is expected in parts of Inner Mongolia, and Hebei, Jilin and Liaoning provinces, China Daily reported. Chinese weather forecasters kept orange alerts for blizzards in several areas, while China's National Meteorological Center issued an orange alert for blizzards and a blue alert for cold waves and strong wind, Global Times reported. China has a four-tier colour-coded weather alert system, with red the highest, followed by orange, yellow and blue.

Persons: Bernard Orr, Ella Cao, Raju Gopalakrishnan Organizations: Harbin Taiping International Airport, China Daily, Central Meteorological Observatory, Meteorological Center, Global Times, Central Meteorological Administration, Thomson Locations: BEIJING, China, Heilongjiang, Harbin, Jilin, Liaoning, Mongolia, Weibo, Provinces, Inner Mongolia, Hebei, Beijing, Tianjin, Shanghai

☆ LVMH to Buy Eyewear Brand Favored by the Stars
▼ + stars: | 2023-11-05 | by ( Nick Kostov | ) www.wsj.com time to read: 1 min

Bernard Arnault, head of LVMH, has a net worth larger than those of Elon Musk and Jeff Bezos. WSJ’s Nick Kostov explains how the French business magnate amassed his fortune and how he plans to keep that wealth under family control. Photo: Nicholas Kamm/Agence France-Presse/Getty ImagesPARIS— LVMH Moët Hennessy Louis Vuitton has agreed to buy Los Angeles-based eyewear maker Barton Perreira , part of the luxury conglomerate’s push to extend its reach to goods with mass-market appeal. Eyewear has emerged in recent years as one of the first purchases that aspiring luxury consumers make before moving on to more expensive items such as handbags. That is prompting LVMH and other luxury-goods companies to wean themselves off licensing agreements with third-party manufacturers and develop in-house eyewear operations.

Persons: Bernard Arnault, Elon Musk, Jeff Bezos, Nick Kostov, Nicholas Kamm, LVMH Moët Hennessy Louis Vuitton, Barton Perreira, LVMH Organizations: Agence France, PARIS Locations: Los Angeles

☆ Why Banks Are Suddenly Closing Down Customer Accounts
▼ + stars: | 2023-11-05 | by ( Ron Lieber | Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Bank customers get a letter in the mail saying their institution is closing all of their checking and savings accounts. Instead, they discover that their accounts no longer work while they’re at the grocery store, rental car counter or A.T.M. “Per your account agreement, we can close your account for any reason at any time,” the script often goes. These situations are what banks refer to as “exiting” or “de-risking.” This isn’t your standard boot for people who have bounced too many checks. Instead, a vast security apparatus has kicked into gear, starting with regulators in Washington and trickling down to bank security managers and branch staff eyeballing customers.

Persons: they’re Organizations: Bank Locations: Washington

CINCINNATI (AP) — The Cincinnati Bengals showed a national TV audience on Sunday night they are still serious AFC playoff contenders. The latest was a 24-18 victory over the Buffalo Bills in a rematch of a divisional playoff game from last season. Joe Burrow threw for a season-high 348 yards and two touchdowns, and Cincinnati's defense forced two turnovers and held off the Bills. The subsequent Bengals drive ate up 5:20 and a 20-yard field goal by Evan McPherson extended Cincinnati's lead to 24-10. Aided by a roughing the passer call on the Bills' Tim Settle, Burrow put together another extended drive.

Persons: “, ”, Tee Higgins, Joe Burrow, ” Burrow, “ We've, Burrow, Irv Smith Jr, Drew, Josh Allen, Cam Taylor, Britt, Allen, Nick Scott upended, Dalton Kincaid, Evan McPherson, Stefon Diggs, Sean McDermott, ” Allen, Diggs, Smith, Tim Settle, Joe Mixon, Zac Taylor, We've, Damar Hamlin, Hamlin, LB Terrel Bernard, ___ Organizations: CINCINNATI, Cincinnati Bengals, AFC, Bengals, Buffalo Bills, Cincinnati, Bills, Cleveland, Ravens, AFC North, Steelers, Browns, Buffalo, ” Bengals, Paycor, LB, Denver Broncos, Houston Texans, ___ AP Locations: Cincinnati, Pittsburgh, Nick Scott upended Buffalo, Buffalo's

☆ Jane Garrett, Book Editor With a Prizewinning Touch, Dies at 88
▼ + stars: | 2023-11-03 | by ( Richard Sandomir | More About Richard Sandomir | ) www.nytimes.com time to read: +1 min

Jane Garrett, who as an editor at the Alfred A. Knopf publishing house guided seven books to Pulitzer Prizes for history but watched another book lose its prestigious Bancroft Prize over scholars’ criticism of the author’s research, died on Oct. 12 at her home in Middlebury, Vt. She was 88. Ms. Garrett worked at Knopf for 44 years, initially as an editor and special assistant to Alfred Knopf himself, who had a strong devotion to publishing history books. At first she steered his projects to completion, but she soon began acquiring books on her own. In 1973, “People of Paradox: An Inquiry Concerning the History of American Civilization,” by Michael Kammen, became the first of the books edited by Ms. Garrett to win a Pulitzer. Ms. Garrett was at a book party in Boston when she met Alan Taylor, who was starting to work on a book about William Cooper, the founder of Cooperstown, N.Y., and the father of the novelist James Fenimore Cooper.

Persons: Jane Garrett, Alfred A, Bancroft, Anne Eberle, Ms, Garrett, Alfred Knopf, Michael Kammen, Voyagers, Bernard Bailyn, Garrett’s, Robert V, Bruce, Alan Taylor, William Cooper, James Fenimore Cooper Organizations: Knopf, “, Modern American Science Locations: Middlebury , Vt, America, Harvard, Boston, Cooperstown, N.Y

☆ China-Germany Cooperation Has Become More Solid and Dynamic - China's Xi
▼ + stars: | 2023-11-03 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

BEIJING (Reuters) - Cooperation between China and Germany has become more robust, solid and dynamic, Chinese President Xi Jinping told German Chancellor Olaf Scholz through a video link chat on Friday. In a wide-ranging discussion that touched on global trade, climate goals, the Israel-Hamas war and Ukraine crisis, the two leaders agreed that China-German relations are improving on several fronts. "China-Germany trade is developing steadily, two-way investment enthusiasm is high, and the cooperation between the two countries is becoming more stable, more solid and more dynamic," Xi was quoted as saying by state broadcaster China Central Television (CCTV). Xi said both countries must not only develop good bilateral relations, but also safeguard the international order and multilateralism and work together to address global challenges, according to state media. In their meeting last November, both leaders jointly condemned threats of using nuclear weapons as the Ukraine-Russia conflict escalated.

Persons: Xi Jinping, Olaf Scholz, Xi, Scholz, Ella Cao, Bernard Orr, Tomasz Janowski, William Maclean Organizations: China Central Television, European Union Locations: BEIJING, Cooperation, China, Germany, Israel, Ukraine, Russia, Palestinian

☆ With ‘Lovers Grave,’ Tracey Emin Returns, at Full Emotional Volume
▼ + stars: | 2023-11-02 | by ( Nancy Hass | More About Nancy Hass | ) www.nytimes.com time to read: +1 min

Tracey Emin carried around a giant tote decades before enormous handbags were fashionable. “Ironic now, thinking about that, right?” she says, in her soft, working-class-accent, on a chilly afternoon, as she tries to find a comfortable position on a sofa in her recently renovated townhouse on Fitzroy Square, a genteel, central-London pocket that was once home to both Virginia Woolf and George Bernard Shaw. She reaches into the large canvas carryall at her feet to pull out a plastic pouch of urine, which is connected under her loose cotton shift by a long tube to a stoma in her abdomen. She waves it slightly, a white flag, maybe, though because this is Emin, surrender has never been an option. “I made them leave my clitoris,” she says.

Persons: Tracey Emin, Stella Artois, Virginia Woolf, George Bernard Shaw, Emin Organizations: tote, Young British Artists, Lights Locations: London, Fitzroy, New York

☆ China says official to lead a delegation in China-US nuclear talks
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +1 min

Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsBEIJING, Nov 2 (Reuters) - The Chinese foreign ministry said on Thursday a leading official from its department of arms control affairs will lead a delegation in China-U.S. nuclear talks. "Next week in Washington, China and U.S. will hold arms control and non-proliferation consultations at director-general level," spokesperson Wang Wenbin said when asked about a report that China agreed to nuclear arms-control talks with the United States. According to plans agreed by both sides, Wang said China and the U.S. will conduct dialogue and exchanges on a wide range of issues such as implementation of international arms control treaties. The talks come days after Foreign Minister Wang Yi met with senior U.S. officials, with both sides agreeing to hold a series of consultations in the near future.

Persons: Florence Lo, Wang Wenbin, Wang, Wang Yi, Biden, Laurie Chen, Bernard Orr, Sonali Paul, Edwina Gibbs Organizations: REUTERS, Rights, U.S, Thomson Locations: China, Rights BEIJING, U.S, Washington , China, United States

☆ A real-estate investor with a 311-unit portfolio breaks down the tax rule that saved her hundreds of thousands of dollars last year — and even allowed her to claim a $167,000 check from the IRS
▼ + stars: | 2023-11-02 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

So when she heard about a particular tax strategy on a podcast two years ago, it surprised her that she'd never come across it. Cost segregation. According to Rocket Mortgage, a cost segregation study takes about a month or two to complete. It's also worth keeping in mind the rules around cost segregation from the Tax Cuts and Jobs Act of 2017. Then there's the cost of a cost segregation study.

Persons: Anne Curry, she's, hasn't, she'd, Curry, Bernard Reisz, you've, Reisz, It's, it's, —, there's, I'm, who's Organizations: Rocket Mortgage, Internal Revenue Service, CPA Locations: New York City

☆ China Says Official to Lead a Delegation in China-US Nuclear Talks
▼ + stars: | 2023-11-02 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - The Chinese foreign ministry said on Thursday a leading official from its department of arms control affairs will lead a delegation in China-U.S. nuclear talks. "Next week in Washington, China and U.S. will hold arms control and non-proliferation consultations at director-general level," spokesperson Wang Wenbin said when asked about a report that China agreed to nuclear arms-control talks with the United States. According to plans agreed by both sides, Wang said China and the U.S. will conduct dialogue and exchanges on a wide range of issues such as implementation of international arms control treaties. The talks come days after Foreign Minister Wang Yi met with senior U.S. officials, with both sides agreeing to hold a series of consultations in the near future. (Reporting by Laurie Chen; Writing by Bernard Orr; Editing by Sonali Paul and Edwina Gibbs)

Persons: Wang Wenbin, Wang, Wang Yi, Biden, Laurie Chen, Bernard Orr, Sonali Paul, Edwina Gibbs Organizations: U.S Locations: BEIJING, China, U.S, Washington , China, United States

(AP) — Indiana's attorney general violated professional conduct rules in statements he made about a doctor who provided an abortion to a 10-year-old rape victim from Ohio in the weeks after the U.S. Supreme Court overturned Roe v. Wade last summer, according to a court opinion filed Thursday. At the time, Ohio law prohibited abortions after six weeks of pregnancy but the girl could still be provided a legal abortion in Indiana. The opinion specifically faulted Rokita for describing Bernard on the show as an “abortion activist acting as a doctor — with a history of failing to report" instances of abuse. In his statement, Rokita said he signed an affidavit to bring the proceedings to a close and to “save a lot of taxpayer money and distraction." Within weeks of Bernard's July 2022 interview about providing the abortion, Indiana became the first state to approve abortion restrictions after the U.S. Supreme Court ended constitutional protections.

Persons: —, Roe, Wade, Caitlin Bernard, Todd Rokita, Bernard, Rokita, ”, “, Gerson Fuentes Organizations: U.S, Supreme, Indianapolis Star, The Indiana, Republican, Fox News, Rokita, Associated Press, Indiana University Health Locations: INDIANAPOLIS, Ind, Ohio, Indiana, Indianapolis

☆ What Fed Rates Mean for Mortgages, Credit Cards and More
▼ + stars: | 2023-11-01 | by ( Tara Siegel Bernard | More About Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Policymakers at the Federal Reserve will announce their latest decision on interest rates on Wednesday, and although they are expected to keep rates steady, their assessment of the economy often moves markets, with implications for borrowers and savers. The Fed last raised its benchmark rate, the federal funds rate, in July to a range of 5.25 to 5.5 percent. A series of rate increases that began in March last year was intended to rein in inflation, which has cooled but remains elevated, leading Fed officials to suggest that they will keep rates high for a prolonged period of time. That means the cost of credit cards and mortgages may remain relatively high, making it more difficult for people who want to pay down debt — as well as those who want to take out new loans to renovate their kitchen or buy a new car. In recent weeks, the long-term market rates that influence many types of consumer and business loans have drifted higher, even as the Fed left its key rate on hold.

Persons: ”, Anna N’Jie Organizations: Federal Reserve, Fed, Re

☆ Steve Ballmer, who started as Bill Gates’ assistant, is the 5th-richest person in the world
▼ + stars: | 2023-10-31 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

New York CNN —Bill Gates’ former assistant at Microsoft is now the fifth-richest person in the world, per Bloomberg’s tally, and only one spot behind Gates on the real-time list of the world’s richest people. This figure is only some $5 billion shy of Gates’ estimated net worth of $122 billion. Ahead of Ballmer are only Elon Musk, Bernard Arnault, Jeff Bezos and Bill Gates. And rounding out the top 10 behind Ballmer are Larry Ellison, Warren Buffet, Larry Page, Mark Zuckerberg and Sergey Brin. While Gates dropped out to start Microsoft, Ballmer graduated in 1977 with degrees in applied mathematics and economics.

Persons: Bill Gates ’, Gates, Steve Ballmer, Elon Musk, Bernard Arnault, Jeff Bezos, Bill Gates, Ballmer, Larry Ellison, Warren Buffet, Larry Page, Mark Zuckerberg, Sergey Brin, CNN Ballmer Organizations: New, New York CNN, Microsoft, CNN, Harvard University, Los Angeles Clippers, Bloomberg, Ballmer Locations: New York

☆ Oil major BP misses estimates for third quarter as profits plummet
▼ + stars: | 2023-10-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a proxy for net profit, of $3.293 billion in the third quarter. Analysts had expected profit to come in at $4.059 billion in the third quarter, according to a collection of estimates by LSEG. Quarterly growth came from a rise in oil and gas production and higher realized refining margins, along with a "very strong oil trading result," BP said. The year-on-year profits of BP and other energy majors plunged in the second quarter, following weaker fossil fuel prices that have since risen sharply.

Persons: Borkhataria, Bernard Looney, Murray Auchincloss, Auchincloss, Dave Lawler, Looney Organizations: Oil, BP, LSEG, RBC Capital Markets, Organization of, Petroleum Locations: Warmister, Wiltshire, England, BP's London, U.S

☆ Tyler Christopher, ‘General Hospital’ actor, dead at 50
▼ + stars: | 2023-10-31 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

Tyler Christopher, an actor known for his roles on “General Hospital” and “Days of Our Lives,” has died. Christopher’s representative Chi Muoi Lo told CNN in a statement that the actor died Tuesday morning. In a 2017 interview with Soap Opera Digest, the actor said he’d left “General Hospital” to take a “personal leave,” and ultimately did not end up returning to the show. Outside of his celebrated career as an actor, Christopher dealt with various hardships toward the end of his life. In May, the actor was arrested at the Hollywood-Burbank airport on suspicion of public intoxication, according to the LA Times.

Persons: Tyler Christopher, ”, Chi Muoi Lo, Christopher’s, Maurice Bernard, “ Tyler, ” “ Tyler, Christopher, Brienne Pedigo, Eva Longoria, Nikolas Cassadine, Cassadine, he’d, Stefan DiMera, ” Bernard, “ Organizations: “, CNN, ESPN, Soap Opera, NBC, Bloomberg Law, Hollywood, LA Times Locations: Burbank

"BP reported weak numbers this morning...However, notably, BP has reported exceptional gas trading results on several occasions in the last couple of years, including last quarter," said RBC analyst Biraj Borkhataria. In the downstream, customers & products reported $2.1 bln vs consensus $2.4 bln, despite being supported by very strong oil trading results, suggesting weaker refining margin capture in the third quarter." That was up from the $2.6 billion profit the company reported in the prior three months due to higher oil and gas production, strong refining margins, lower refinery maintenance and "a very strong oil trading result", but natural gas marketing and trading were weak. BP expects capital expenditure of $16 billion this year, the lower end of its indicated range of $16-$18 billion. Rivals Chevron (CVX.N) and Exxon Mobil (XOM.N) last week posted sharp year-on-year drops in third quarter profit as energy prices cooled.

Persons: Norway's, Biraj Borkhataria, Murray Auchincloss, Bernard Looney, Ron Bousso, Louise Heavens, Jason Neely Organizations: windfarm, BP, Reuters Graphics Reuters, Rivals Chevron, Exxon Mobil, Thomson, & $ Locations: U.S, British, New York

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. London-based BP has held talks in recent weeks with several companies about tying up operations in the Haynesville shale gas basin, the three sources said. BP is also considering creating joint ventures in the Eagle Ford basin, but the talks do not include its positions in the oil-rich Permian basin for now, two of the sources added. The rapid growth in U.S. shale oil and gas operations over the past 15 years has upended global markets, turning the U.S. into a major exporter of energy. By pursuing joint ventures, BP can achieve growth ambitions while avoiding spending billions on acquisitions.

Persons: Chris Helgren, Hess, Murray Auchincloss, Bernard Looney, Ron Bousso, David French, David Gregorio Our Organizations: BP, REUTERS, Reuters, Exxon Mobil, Chevron, Natural Resources, Eagle Ford, Lewis Energy, BHP, Interim, Thomson Locations: Vancouver , British Columbia, Canada, London, Eagle, U.S, Texas, Denver, New York

☆ China military says Philippine ship 'illegally entered' waters near Scarborough Shoal
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

China Coast Guard/Handout via REUTERS/File photo Acquire Licensing RightsBEIJING, Oct 30 (Reuters) - China's military said on Monday that a Philippine military ship "illegally entered" waters near Scarborough Shoal without authorisation and it urged the Philippines to immediately stop its provocations. The statement marks a rare warning from the Chinese military towards the Philippines over its moves in disputed waters in the South China Sea. China and the Philippines have had several confrontations in the South China Sea, recently trading accusations about a collision between a Chinese coastguard vessel and a boat from the Philippines. The Scarborough Shoal is claimed by China, the Philippines and Taiwan. Beijing claims sovereignty over almost the entire South China Sea, including parts of the exclusive economic zones of Brunei, Indonesia, Malaysia, the Philippines and Vietnam.

Persons: Tian Junli, Tian, Ethan Wang, Bernard Orr, Alison Williams, Jonathan Oatis Organizations: China Coast Guard, REUTERS, Rights, coastguard, People's Liberation Army Southern Theater Command, Thomson Locations: Philippine, South, Rights BEIJING, Scarborough, Philippines, South China, China, Taiwan, Beijing, Brunei, Indonesia, Malaysia, Vietnam

☆ Marathoners in Beijing go maskless, unfazed by smog
▼ + stars: | 2023-10-29 | by ( Liz Lee | ) www.reuters.com time to read: +2 min

[1/4] Participants take part in the Beijing Marathon, at Tiananmen Square in Beijing, China October 29, 2023. REUTERS/Tingshu Wang Acquire Licensing RightsBEIJING, Oct 29 (Reuters) - Runners undeterred by thick smog engulfing the Chinese capital ran the Beijing Marathon maskless on Sunday, many wearing shorts in one of the warmest Octobers on record. Beijing was the fourth most-polluted major city in the world on Sunday, according to Swiss air-quality technology firm IQAir. Beijing's high on Sunday was 19 C (66 F), according to the national weather bureau. The weather bureau forecast weak cold air currents to last the rest of the month before beginning to cool in early November.

Persons: Tingshu Wang, Fang Chong, Liz Lee, Ryan Woo, Han Xiao, Bernard Orr, William Mallard Organizations: Beijing, REUTERS, Rights, Beijing Marathon, Meteorological Centre, Thomson Locations: Beijing, China, Rights BEIJING, Tiananmen, Haidian, Beijing's, Tangshan, Handan, Hebei

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